Illinois
Retailer Dick’s Sporting Goods to Open Two New Massachusetts Locations
Sporting goods retailer Dick’s Sporting Goods will open two new stores in Massachusetts this month. The Pittsburgh-based company will launch… Read more
Goldie Initiative Grows to 25 Scholars in 2020-21 Class
The Goldie Initiative has set a new record for number of Goldie Scholars and universities represented with its 2020-21 class. The new… Read more
Hilco Handles Court-Supervised Auction for 45 South Side Properties
Hilco Real Estate, LLC announced Sept. 30 as the bid deadline for a court-supervised auction of 45 multifamily properties located on Chicago’s South… Read more
Michelin Subsidiary Relocates to Channahon
Camso USA, Inc., a Michelin subsidiary, has signed a new 252,208 square foot lease for its largest U.S. warehouse, located… Read more
MRI Software Adds Lease Management Business
MRI Software, headquartered in Solon, OH, has acquired MacMunnis, Inc., a provider of lease administration solutions to enterprise businesses managing complex lease portfolios.… Read more
Government-Occupied Riverside Office Asset Sold for $16M
Laguna Beach-based Dornin Investment Group divested a 44,354-square-foot, Class A office building in Riverside for $16 million, or $361-per-square-foot. The… Read more
Life Science Space Coming to Lincoln Yards Mega-Project
As the initial step in developing an expansive medical innovation district at Lincoln Yards, Sterling Bay on Thursday announced the… Read more
Bellwether Provides $21M for Affordable West Side Portfolio
Bellwether Enterprise Real Estate Capital LLC closed on a $20.5-million loan to rehabilitate and preserve the affordability of Victory Apartments, a… Read more
Deal for Southport Corridor Retail Crosses the Finish Line
Marcus & Millichap finalized the sale of 3730 N. Southport Ave., a Chase Bank-anchored retail building on the North Side’s Southport Corridor.… Read more
Illinois Funding Seeds Plan for Inland Port in Cairo
The State of Illinois will provide $40 million through the Rebuild Illinois capital plan to anchor a public-private partnership that… Read more
Sloan Opts for Fulton Market Space as First Chicago Showroom
Commercial plumbing manufacturer Sloan has signed a lease with Sterling Bay at 333 N. Green St. in the Fulton Market… Read more
Randy Conte Joins Cresset as COO
Randall “Randy” Conte has been named COO at Cresset Capital Management, a Chicago-based registered investment advisor. Founded three years ago,… Read more
Loop Business Metrics Show Improvement
The Chicago Loop Alliance’s July survey of member businesses shows progress form the depths of the COVID-19 pandemic and related shutdowns. 17… Read more
POAH Makes First Uptown Acquisitions
Preservation of Affordable Housing (POAH), a Boston-based non-profit apartment investor, acquired 247 apartments in the North Side’s Uptown and the… Read more
Apartments Trade at Palatine Square Complex
Inland Real Estate Commercial Brokerage closed the sale of a six-unit residential property in Palatine, IL. SVPs Paul Montes and Eric Spiess… Read more
Hyatt Hotels CEO Sees Encouraging Signs Despite Quarterly Losses
Unsurprisingly given the COVID-19 pandemic’s impact on lodging, Chicago-based Hyatt Hotels Corporation reported a 376% year-over-year decline in net income,… Read more
McHenry County Launches C-PACE Program
The Illinois Energy Conservation Authority NFP (IECA) was selected by McHenry County as the program administrator for the McHenry County Commercial Property Assessed Clean… Read more
Black Bear Capital Arranges Refi’s on Multifamily, Student Properties
Black Bear Capital Partners (BBCP) recently arranged $38.4 million in permanent financing on behalf of various owners to refinance student housing and multifamily properties throughout… Read more
GCM Grosvenor Will Become Public Company Following Merger
Chicago-based global alternative asset management firm GCM Grosvenor will become a public company through a merger with CF Finance Acquisition… Read more